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New Zealander builds 1962 Ferrari GTO replica in chicken shed

The Ferrari 250 GTO is one of the most gorgeous vehicles ever made, but with just 39 produced, they're also some of the most expensive cars in the world, often setting records when they occasionally come up for auction. The eye-watering price presents an insanely steep barrier of entry to ownership, which has led at least one buyer to pursue a different option: simply creating his own. While the beautiful example in the video above isn't an authentic, original Ferrari, the story behind this replica goes far beyond some cheap knockoff slapped together haphazardly. Surrounded by crowing roosters and waddling ducks, Rod Temporo doesn't immediately strike you as a guy who would be building exacting replica racers in his shed. However, first impressions aren't always accurate, and Temporo is a maestro when it comes to metalwork. He has been doing this for decades and has recreated all sorts of vintage vehicles, including a beautiful Jaguar XJ13. Temporo and his team are true artisans. They make their own wood bucks for the body and then bang out the metal body with hammers and an English wheel. According to the video, it took them about four years to complete this 1962 GTO replica starting from scratch. The end result is a piece of automotive art.

Ferrari releases teaser video for 458 Speciale

As is the specs weren't enough, Ferrari is helping us get ready for the reveal of the 458 Speciale at the Frankfurt Motor Show with a short teaser video. You won't get much in the way of a full-body modeling session, naturally, but there are plenty of close-ups of its intakes, scoops, vanes, seriously racy bucket seats and lots and lots of carbon fiber.
And showing how omnipresent on-camera surveillance can sometimes be a good thing, the harder 458 has already been caught being tinkered with in digital photos taken at Maranello. For the moving pictures, however, there's that video below.

Stellantis ready to kill brands and fix U.S. problems, CEO Tavares says

  MILAN — Stellantis is taking steps to fix weak margins and high inventory at its U.S. operations and will not hesitate to axe underperforming brands in its sprawling portfolio, its chief executive Carlos Tavares said on Thursday. The warning for lossmaking brands is a turnaround for Tavares, who has maintained since Stellantis was created in 2021 from the merger of Italian-American automaker Fiat Chrysler and France's PSA that all of its 14 brands including Maserati, Fiat, Peugeot and Jeep have a future. "If they don't make money, we'll shut them down," Carlos Tavares told reporters after the world's No. 4 automaker delivered worse-than-expected first-half results, sending its shares down as much as 10%. "We cannot afford to have brands that do not make money." The automaker now also considers China's Leapmotor as its 15th brand, after it agreed to a broad cooperation with the group. Stellantis does not release figures for individual brands, except for Maserati which reported an 82 million euro adjusted operating loss in the first half. Some analysts say Maserati could possibly be a target for a sale by Stellantis, while other brands such as Lancia or DS might be at risk of being scrapped given their marginal contribution to the group's overall sales. Stellantis' Milan-listed shares were down as much as 12.5% on Thursday, hitting their lowest since August 2023. That brings the loss for the year so far to 22%, making them the worst performer among the major European automakers. Few automotive brands have been killed off since General Motors ditched the unprofitable Saturn and Pontiac during a U.S. government-led bankruptcy in the global financial crisis in 2008. Tavares is under pressure to revive flagging margins and sales and cut inventory in the United States as Stellantis bets on the launch of 20 new models this year which it hopes will boost profitability. Recent poor results from global carmakers have heightened worries about a weakening outlook for sales across major markets such as the U.S., whilst they also juggle an expensive transition to electric vehicles and growing competition from cheaper Chinese rivals. Japan's Nissan Motor saw first-quarter profit almost completely wiped out on Thursday and slashed its annual outlook, as deep discounting in the United States shredded its margins. Tavares said he would be working through the summer with his U.S. team on how to improve performance and cut inventory.